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Creamer Media Reporter

Gemfields scales down at Zambian emerald mine

3rd February 2009 London-listed Gemfields on Tuesday announced a reduction in the scale of activity at its key production asset, the Kagem emerald mine in Zambia, and that it would post a loss in the 2009 financial year. The company, part of Brian Gilbertson’s Pallinghurst Resources, also announced that it would... 

SACMH appoints Scrutton as new CEO

2nd February 2009 JSE-listed South African Coal Mining Holdings (SACMH) has appointed Grant Scrutton as CEO, with immediate effect, the company announced on Monday. Scrutton would take over the position from Karl Gribnitz, who resigned after his term of office was completed. Gribnitz would remain on the board as... 

BCX headline EPS to drop 30%-40%

2nd February 2009 Information and communication technology group Business Connexion (BCX) on Monday said it expected interim earnings a share to be up to 10% higher than the corresponding period last year, while it expected headline earnings a share to be between 30% and 40% lower than the prior period. This... 

Credit Guarantee warns exporters

2nd February 2009 South African underwriting company Credit Guarantee Insurance Corporation on Monday warned that a “disturbing trend” was emerging, which saw foreign banks either limiting or withdrawing completely the advances, overdraft facilities, and credit lines to many companies. GM for exports Ismail... 

ABB wins $53m contract to strengthen Eskom transmission network

2nd February 2009 Power and automation technology group ABB has been awarded a $53-million contract from State-owned power utility Eskom to strengthen the transmission network in the Western Cape. ABB will design, manufacture, install, and commission six 765 kV capacitor banks at Alpha, Beta, Mercury, and Perseus... 

Parsons appointed as Busa deputy CEO

2nd February 2009 The Business Unit of South Africa (Busa) has appointed Professor Raymond Parsons as deputy CEO, effective from February 1, succeeding Vic van Vuuren. Parsons is currently acting as the overall business convener at the National Economic Development and Labour Council, as well as lecturing at the... 

Transpaco may report 105% earnings jump

30th January 2009 JSE-listed Transpaco expects basic and headline earnings a share for the six months ended December 2008 to be between 95% and 105% higher than those reported for the 2007 period. The interim results will be published towards the end of February. 

Ex-South Deep chief joins Camec board

30th January 2009 Aim-listed miner Central African Mining and Exploration Company (Camec) has appointed Gordon Thompson as an executive director, with immediate effect. Thompson joined Camec in April 2008 as COO, and was previously vice president and head of operations at South African gold mine South Deep. 

Engineering News 30 january 2009

30th January 2009  

Printflex Rollers maintains strong growth, thanks to top quality service

30th January 2009 Printflex Rollers, one of the country's leading manufacturers and suppliers of rubber and polyurethane rollers used in a wide variety of industries ranging from printing, paper and packaging to plastics, wood and steel, has recently embarked on a major expansion of its main plant at Electron,... 

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